Focusing on the human rights and environmental impacts of company operations, CS3D requires certain companies doing business in the EU to undertake risk-based due diligence. This includes*:
- integrating due diligence into their policies and risk management systems;
- identifying, assessing and (where necessary) prioritizing potential and actual adverse impacts;
- preventing and mitigating potential adverse impacts;
- bringing actual adverse impacts to an end, or minimizing their extent;
- remediating actual adverse impacts;
- carrying out meaningful engagement with stakeholders**;
- establishing and maintaining a notification mechanism and complaints procedure;
- monitoring the effectiveness of due diligence policy and measures; and
- communicating publicly on due diligence.
Implementing due diligence in seafood supply chains will not happen overnight; it is a complex, cyclical process requiring investment of time, resources, and manpower. The Roadmap for Improving Seafood Ethics (RISE) provides guidance for companies to implement human rights due diligence in supply chains, taking companies from making a commitment and learning about human and labor rights issues in the seafood sector all the way to remediating issues and communicating progress publicly.
When working with our business partners, FishWise takes a holistic approach to due diligence that aligns with CS3D, acknowledging that environmental sustainability and social responsibility are deeply interlinked, and that traceability and transparency are foundational to making improvements on these topics. FishWise’s Supply Chain Due Diligence approach allows iterative, continual improvement; enables a company to to work across risk categories in a consistent way with vendors; and supports efficient assessment, engagement, and action.
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Author: Hanae Matsui
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